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Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
INTEREST AND DIVIDEND INCOME      
Loan receivable $ 427,621 $ 390,440 $ 359,959
Investment securities- taxable 21,523 24,237 43,412
Investment securities- nontaxable     995
Federal Home Loan Bank stock 3,164 1,974 1,480
Deposits with banks 1,398 1,996 1,150
Total interest and dividend income 453,706 418,647 406,996
INTEREST EXPENSE      
Time deposits 39,443 35,111 31,964
Other deposits 12,445 10,658 8,425
Interest on securities sold under agreements to repurchase 15,813 24,685 37,692
Advances from the Federal Home Loan Bank 487 945 528
Long-term debt 5,776 4,467 3,691
Total interest expense 73,964 75,866 82,300
Net interest income before provision for credit losses 379,742 342,781 324,696
Reversal for credit losses (11,400) (10,800) (3,000)
Net interest income after provision for credit losses 391,142 353,581 327,696
NON-INTEREST INCOME      
Securities (losses)/gains, net (3,349) 6,748 27,362
Letters of credit commissions 5,545 6,043 6,281
Depository service fees 5,348 5,288 5,701
Other operating income 25,130 22,448 20,963
Total non-interest income 32,674 40,527 60,307
NON-INTEREST EXPENSE      
Salaries and employee benefits 89,960 89,893 88,276
Occupancy expense 17,018 15,735 14,846
Computer and equipment expense 9,828 9,793 9,768
Professional services expense 25,014 22,634 24,574
FDIC and State assessments 9,087 8,796 7,351
Marketing expense 4,926 4,126 3,403
Other real estate owned income (800) (1,304) (235)
Operations of investments in affordable housing and alternative energy partnerships, net 33,335 6,990 7,253
Amortization of core deposit premium 667 719 4,533
Cost associated with debt redemption   3,348 22,557
Other operating expense 13,685 13,583 11,507
Total non-interest expense 202,720 174,313 193,833
Income before income tax expense 221,096 219,795 194,170
Income tax expense 59,987 81,965 70,435
Net income 161,109 137,830 123,735
Less: net income attributable to noncontrolling interest     592
Net income attributable to Cathay General Bancorp 161,109 137,830 123,143
Dividends on preferred stock     (9,685)
Net income attributable to common stockholders 161,109 137,830 113,458
Other comprehensive (loss)/income, net of tax:      
Unrealized holding (losses)/gains on securities available for sale (4,200) 30,468 (14,335)
Unrealized holding losses on cash flow hedge derivatives (598) (2,397)  
Less: reclassification adjustment for (losses)/gains included in net income (1,941) 3,911 15,859
Total other comprehensive (loss)/income, net of tax (2,857) 24,160 (30,194)
Total comprehensive income $ 158,252 $ 161,990 $ 92,949
Net income attributable to common stockholders per common share      
Basic (in Dollars per share) $ 2.00 $ 1.73 $ 1.44
Diluted (in Dollars per share) $ 1.98 $ 1.72 $ 1.43
Basic average common shares outstanding (in Shares) 80,563,577 79,661,571 78,954,898
Diluted average common shares outstanding (in Shares) 81,294,796 80,106,895 79,137,983